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Identomat - About the company

Identomat is a seed company based in Champaign (United States), founded in 2019 by David Lomiashvili and Zurab Kotaria. It operates as a Provider of identity verification and compliance software for remote onboarding. Identomat has raised $4.2M in funding. The company has 1190 active competitors, including 224 funded and 130 that have exited. Its top competitors include companies like Yoti, IDnow and M2P Fintech.

Company Details

Provider of identity verification and compliance software for remote onboarding. This technology facilitates document authentication, biometric liveness detection, and facial recognition to confirm user identities. The system integrates with existing workflows to perform background checks against sanctions, politically exposed persons, and adverse media lists. It supports business verification processes and monitors transactions to detect suspicious activity. The platform provides tools for address validation and age verification to meet regulatory requirements. These capabilities assist organizations in managing digital identity and security during customer registration and ongoing account maintenance.
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Email ID
*****@identomat.com
Key Metrics
Founded Year
2019
Location
Champaign, United States
Stage
Seed
Total Funding
$4.2M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
28 as on Sep 30, 2026
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Identomat's funding and investors

Identomat has raised a total funding of $4.2M over 2 rounds. Its first funding round was on Jan 17, 2022. Identomat has 1 institutional investor.

Here is the list of recent funding rounds of Identomat:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 11, 2025
9132600
Seed
3825456
3191921
6458031
3158497
Jan 17, 2022
4348704
Seed
6395551
8768603
7893003
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Identomat's founders and board of directors

Founder? Claim Profile
The founders of Identomat are David Lomiashvili and Zurab Kotaria.
Here are the details of Identomat's key team members:

Identomat's employee count trend

Identomat has 28 employees as of Sep 26. Here is Identomat's employee count trend over the years:
Employee count trend for Identomat
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Identomat's Competitors and alternates

Top competitors of Identomat include Yoti, IDnow and M2P Fintech. Here is the list of Top 10 competitors of Identomat, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Yoti
Yoti
2014, London (United Kingdom), Series B
Provider of privacy-focused identity and age solutions
$210M
75/100
2nd
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
3rd
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
4th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$201M
73/100
5th
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
72/100
6th
Logo for Evrotrust
Evrotrust
2015, Sofia (Bulgaria), Series B
AI based identity verification and e-Signing solution provider
$13.8M
72/100
7th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$85.4M
71/100
8th
Logo for NICE Actimize
NICE Actimize
1999, Hoboken (United States), Acquired
Provider of AI-driven anti-money laundering and fraud detection solutions
$24M
70/100
9th
Logo for Advance
Advance
2016, Singapore (Singapore), Series D
Provider of digital identity verification
$330M
69/100
10th
Logo for Encompass
Encompass
2011, Sydney (Australia), Series B
Provider of automated software for corporate identity and compliance verification
$203M
69/100
313th
Logo for Identomat
Identomat
2019, Champaign (United States), Seed
Provider of identity verification and compliance software for remote onboarding
$4.2M
33/100
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Identomat's Investments and acquisitions

Identomat has made no investments or acquisitions yet.

Reports related to Identomat

Here is the latest report on Identomat's sector:

News related to Identomat

•
Identomat becomes eIDAS certifiedBiometricUpdate.com•Nov 22, 2024•Identomat
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FAQs about Identomat

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